Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, has announced that the firm has acquired London-based AxeTrading, a leading global provider of fixed income trading solutions.
The acquisition marks a significant broadening of TT’s multi-asset capabilities with an expansion into full coverage of corporate, government, municipal and emerging market bonds as well as over-the-counter (OTC) interest rate swaps, strengthening TT’s leading position in fixed income derivatives and U.S. Treasuries.
Terms of the transaction were not disclosed.
For more than a decade, AxeTrading has serviced a wide range of global customers with its award-winning platform. In addition to providing connectivity to all major fixed income trading venues, AxeTrading also offers a highly sophisticated, customizable pricing and quote management engine, and automated workflow management tools, delivering substantial benefits…
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